Phosphorus Price in Greece - 2023
Contents:
Phosphorus Price in Greece (CIF) - 2022
The average phosphorus import price stood at $5,390 per ton in 2022, rising by 110% against the previous year. Overall, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 137%. As a result, import price attained the peak level of $22,935 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($11,695 per ton), while the price for Bulgaria totaled $544 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Phosphorus Imports in Greece
Phosphorus imports into Greece dropped significantly to 15 tons in 2022, waning by -48.4% against 2021 figures. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 517%. As a result, imports attained the peak of 30 tons, and then plummeted in the following year.
In value terms, phosphorus imports expanded markedly to $84K in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Phosphorus in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 57.9 | N/A | 19.9 | 78.1 | 10.5% |
| Bulgaria | N/A | N/A | 24.0 | 4.8 | -80.0% |
| Netherlands | 10.2 | 62.8 | 32.7 | N/A | 79.0% |
| Others | 0.8 | 0.5 | 0.4 | 0.7 | -4.4% |
| Total | 68.9 | 63.3 | 77.1 | 83.5 | 6.6% |
Top Suppliers of Phosphorus to Greece in 2022:
- Bulgaria (8.8 tons)
- Austria (6.7 tons)
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